AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380 😂😂😂
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this -
@nixCraft As a tech enthusiast this is one of the worst technologies ever existed, I literally became an AI atheist so to speak
- Needs to steal data to work
- It consumes a lot of resources
- Fucks up the RAM prices, so you can no longer build a PC even if you don't use AIAnd yeah, it may have good uses, like fighting cancer or stuff like that, but it's philosophy and core functionalities still fucking shit. I csm only see negative shit coming out of it so #FuckAI
> And yeah, it may have good uses, like fighting cancer or stuff like that,
Not, no, it doesn't' fight cancers… research do…
What microshit, google, crapbook, altman, musk and all the technofascists sell, are LLMs. LLMs just generate bullshit, thus called "generative AI". It has absolutely nothing to do with field specific machine learning thats might be used in health research
LLMs are only useful for fascists to make disinformation and FUD… Absolutely 0 "good uses"
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@nixCraft And if you don't trust Goldman Sachs, maybe you believe 6000 executives from the US, UK, Germany and Australia a little bit more. From the study:
> "Third, the impact of AI on firm employment and productivity has been small so far. On average, more than 90% of business managers across the four countries estimate no impact of AI on their employment over the past three years. 89% report no impact of AI on their labor productivity over the last three years."
Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago | Fortune
In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”
Fortune (fortune.com)
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@nixCraft And if you don't trust Goldman Sachs, maybe you believe 6000 executives from the US, UK, Germany and Australia a little bit more. From the study:
> "Third, the impact of AI on firm employment and productivity has been small so far. On average, more than 90% of business managers across the four countries estimate no impact of AI on their employment over the past three years. 89% report no impact of AI on their labor productivity over the last three years."
Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago | Fortune
In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”
Fortune (fortune.com)
@fnwbr @nixCraft Although other parts of the article quote analysts being cautiously positive about its impact on productivity in the most recent quarter and the general thrust seems to be that significant productivity gains may be more in the longer rather than shorter term. I’m not a lover of AI, but that is what the Fortune article is saying.
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@nixCraft Big Tech LLMs maybe. But "AI" is waaaay more than this mainstream hype chatbots.
@scotty86 @nixCraft As an example of machine learning being useful, see the following article, which mentions how machine learning has reduced the computational resources needed for some tasks.
Machine learning takes starring role in exploring the universe | Eberly College of Science
Penn State astronomers use machine learning to vastly improve astronomical analyses.
(science.psu.edu)
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like thisShyte
META AI executive demonstrating AI safety, interrupted her demonstration, to beg her AI to not delete, to stop deleting, her actual own emails.
To no avail.
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Meta's safety director handed OpenClaw AI agents the keys to her emails
A Meta executive reveals that OpenClaw's AI agent wreaked havoc on her inbox before she shut it down by killing all the processes on the host.
Windows Central (www.windowscentral.com)
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@nixCraft how is AI simultaneously producing nothing of value and also taking jobs, in your mind? How can it steal (and therefore profit from) artists work while also being incapable of production? Workers and artists have absolutely nothing to worry about because AI doesn’t work, right?
@Joeheadycus @nixCraft how can it steal? They only exist because of theft. Doesn't mean it produces art. This is not difficult
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Just shyte.
"Google's AI coding assistant deletes user's entire
drive, and apologies won't bring back the data"
Google's AI coding helper erroneously erased a user's entire drive
Do you trust your data in the hands of AI?
Windows Central (www.windowscentral.com)
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Just shyte.
"Google's AI coding assistant deletes user's entire
drive, and apologies won't bring back the data"
Google's AI coding helper erroneously erased a user's entire drive
Do you trust your data in the hands of AI?
Windows Central (www.windowscentral.com)
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like thisI'd even say they drove the US into more debt, and robbed millions of people of their livelihoods and even their savings.
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Just shyte.
"Google's AI coding assistant deletes user's entire
drive, and apologies won't bring back the data"
Google's AI coding helper erroneously erased a user's entire drive
Do you trust your data in the hands of AI?
Windows Central (www.windowscentral.com)
@kevinrns @ai6yr nixCraft 🐧 we are heading for another Carrington Event but this time it’s software
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this@nixCraft getting staff fired is desirable from a shareholder's perspective
unless of course the company has to hire the people back
than again, rates might be lower, because, you know, AI-related unemployment, so still a win.
This is of course sarcastic, because in the end, unemployed don't buy your product
[edited a typo]
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this@nixCraft And they consumed all of the RAM and storage media in a coordinated action to force us into cloud storage and compute.
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@scotty86 @nixCraft As an example of machine learning being useful, see the following article, which mentions how machine learning has reduced the computational resources needed for some tasks.
Machine learning takes starring role in exploring the universe | Eberly College of Science
Penn State astronomers use machine learning to vastly improve astronomical analyses.
(science.psu.edu)
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@nixCraft They do, in fact, see "getting staff fired" & “stealing ... work" as "plus points" & are worth the harms caused. They are not concerned about growing the economy so much as 'maximizing shareholder value' & the corresponding boost to their bonuses.
@causticmsngo @nixCraft Not even that.
It's a bubble. They're not concerned about maximising long term shareholder value, which in most cases is their actual fiduciary duty (e.g. pension funds own a large proportion of the economy in many countries).
They're only concerned about temporarily boosting share prices. Which is **not** the same thing.
Because when the bubble bursts, they'll time it right and short it on the way down. Or so they hope.
Or, as CEO, they'll have moved on to another job by then.
And they temporarily boost share prices by jumping on the latest bandwagon, propping up the bubble for a while longer before it pops.
Meanwhile, "AI" drives new fossil fueled power stations, steals water as well as intellectual property, along with all the other harms it does.
Plus, fire and rehire as a bonus.
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@causticmsngo @nixCraft Not even that.
It's a bubble. They're not concerned about maximising long term shareholder value, which in most cases is their actual fiduciary duty (e.g. pension funds own a large proportion of the economy in many countries).
They're only concerned about temporarily boosting share prices. Which is **not** the same thing.
Because when the bubble bursts, they'll time it right and short it on the way down. Or so they hope.
Or, as CEO, they'll have moved on to another job by then.
And they temporarily boost share prices by jumping on the latest bandwagon, propping up the bubble for a while longer before it pops.
Meanwhile, "AI" drives new fossil fueled power stations, steals water as well as intellectual property, along with all the other harms it does.
Plus, fire and rehire as a bonus.
@causticmsngo @nixCraft On the upside, if Goldman Sachs is right, the bubble bursting might not lead to recession and a risk of a full blown financial crisis.
Which would be nice.
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this -
AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this- Enabling massive amounts of authoritarian fascist surveillance with minimal oversight where misidentification is, somehow, a bonus feature because uncertainty, fear, and absolutely no human accountability are extremely desirable by the ruling oligarchs and their pet politicians.
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